Overview

Beacon Platform provides an integrated platform for trading and risk management, catering to financial institutions, asset managers, and trading firms. The platform allows clients to manage risk across various asset classes by unifying products, data, analytics, and workflows, all accessible through a subscription-based software-as-a-service (SaaS) model. Key features include integration with existing systems, building and deploying trading applications, and customizing analytics for data-driven decision making. The company's goal is to help clients optimize their trades and holdings while offering consulting services to develop effective strategies.

Simplify's Take

What believers are saying

• Clearwater acquisition could enhance Beacon's platform capabilities and market reach.
• Top ranking in Chartis QuantTech50 highlights Beacon's leadership in quant technology.
• Series C funding provides capital for growth and technological expansion.

What critics are saying

• Integration challenges with Trayport data may affect Beacon's ETRM system efficiency.
• Clearwater acquisition may lead to strategic shifts disrupting current operations.
• Departure of key personnel could lead to gaps in expertise or client service.

What makes Beacon Platform unique

• Beacon offers a cloud-native platform for capital markets, enhancing scalability.
• The platform unifies trading, risk management, and analytics across all asset classes.
• Beacon's transparent source code allows rapid deployment of customized solutions.

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Funding

Total Funding

$96.5M

Meets

Industry Average

Funded Over

4 Rounds

$56,000,000

Series C

Oct 2021

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Above Average

Industry standards

Ind Avg. $50M

$16M

$40M

$50M

$56M

$62M

$100M

View all funding stages